Grants are an interesting and particularly attractive type of funding that any type of business owner would like to have access to. This is due to the fact that you do not have to pay back government grants. However, grants are quite a difficulty in accessing for businesses because most times they are for specific…
Oftentimes, after recognizing the need to start a business, one might be in a dilemma as to which kind of business to start and go on asking questions. Questions such as Which businesses need to give me the most profit? Which business would be the easiest for me to execute? Which business will ensure that…
Registering a business in Nigeria is fairly easy. This is if you follow the right steps and procedures as set forth by the Company and Allied Matters Act (CAMA). The 1990 Act amended in 2004 and 2020 governs the corporate affairs of Nigeria and establishes the Corporate Affairs Commission (CAC) as the administration of the…
A scalable business is at the core of entrepreneurship. Scale your Business! Business Hub one, 2020 The fundamentals of entrepreneurship does not permit you to be stuck as an employee in your own business, running helter skelter to attend to customers, manage inventory attend to feedbacks and make profits. It is a call to do…
A study of the intrinsic properties of Scalability shows that once a business is scalable, its is invariably profitable. What is Scalability? Scalability is the ability to multi-dimensionally increase the different properties of a particular enterprise. Scalability is the ability to increase profits without significant increase in cost of dong business. In paying attention to…
Finance is key to the success of any business and a plan on how to make, manage and multiply the income of a business can determine if the enterprise will triumph or be trumped. How to open Business account is one of the most asked questions as your business begins to generate revenue and seeks…
The concept of teamwork that it goes beyond a group of people coming together to get things done. One must understand that every individual brings a unique advantage to the table as they come together to form the team. The saying, “two good heads are better than one” isn’t only exemplified in the process of…
For a lot of startups, there is a need to minimize costs and maximize productivity. A very easy way to minimize cost is to make use of tools that are freely available. These tools can sometimes match the functionality of some proprietary tools. We have curated different tools that can be useful to startups irrespective…
The Payment Processing landscape ISOs Independent Sales Organizations (ISOs) sell credit card processing services to merchants, and they act as intermediaries between merchants, payment processors, and acquiring banks. In some cases, they might actually be banks; for example, Wells Fargo is a Fiserv ISO. ISOs service merchant bank accounts and, at times, create the relationship…
Startups are usually the brains behind the introduction of new products and services, and innovations that are usually commercialized.